Investor HWH seeking $20mn damages from ex-Markel Catco CEO in Florida courts
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Investor HWH seeking $20mn damages from ex-Markel Catco CEO in Florida courts

Martha Muir
20 December 2021
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HWH Realty Holdings is suing former Markel Catco CEO Tony Belisle for damages over its losses of nearly $20mn arising out of its investment in the retro firm’s funds, as the investor said it objected to the “overbroad” legal releases involved in the firm’s proposed restructuring.

Filings of the complaint, laid in a Florida district court, allege that fraud and negligent misrepresentation took place that contributed to HWH’s losses from Markel Catco’s Limited Diversified Arbitrage Fund (LDAF).

HWH,

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Martha Muir
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